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State economy looking a bit up, as we charge into 2012


LA CROSSE, WI (WTAQ) - Your pocketbook should feel a little bit better in the New Year. That’s according to some state and local business leaders. Dick Granchalek, president of the La Crosse Area Chamber of Commerce, says people are feeling a little better about the economy – but the job and housing markets remain difficult. Bill Brockmiller, a labor market analyst for the state’s workforce development agency, says there’s been a slow but steady improvement in the economic statistics this year – and you can expect the same for 2012. UW La Crosse economist TJ Brooks agrees. He says slow growth should continue, barring a major event like a default by a European government or a spike in local gas prices. Closer to home, next year’s presidential election could have a big influence on what happens – and same is true for a possible recall election against Governor Scott Walker. Brooks says the economy adjusts along with a change in government policies and the adjustment process can be painful.